What Does a Fractal Look Like?

What Does a Fractal Look Like? And What Does It Have to Do with the Stock Market? By Elliott Wave International Although Ralph N. Elliott came to his conclusions 50 years before the new science of fractals blossomed, he took a step that current observers of natural processes have yet to take. He explained not only that the progress of the market was fractal in nature but discovered and described the component patterns. Find out more about the stock market and fractals in this excerpt. Read more.

SPX intraday (Part 2)

Friday, February 20, 2009

My conservative count for SPX.


SPX intraday update (Part 1)

This is my two cents for SPX. I don't see yet the micro wave iv so i expect some up side to complete this micro wave and maybe another downtrend wave. Similar count to DAX.


DAX intraday update (Part 1)

I've been following the big picture and now, it seems to me, that this is not the sub wave iii of V. To change this idea i must see a huge sell off on DAX. In short term i think its still missing one mini wave down to complete this downtrend.

P.S. SPX is already in 77x's and DAX still above the 4000's. To me is very strange. The stop of my count in this possible mini wave iv is on 4200 points and is not as i show in the picture.



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